AM I NEXT? NO LOVE AT AMERICAN CONSOLIDATED NATURAL RESOURCES

Saint Clairsville, Ohio-based American Consolidated Natural Resources, the coal mining company previously known as Murray Energy and the fourth largest coal producer in the country, has announced the closure of its Monongalia County Coal Mine operations that straddles the West Virginia-Pennsylvania border and lies mainly in Blacksville, West Virginia.

The closure will impact 180 workers in two phases commencing on August 9, 2021, and September 7, 2021.

The decision appears to have been driven by economics where coal-fired power generation is under assault from cheaper natural gas and the Biden Administration's decision to eliminate the use of coal-fired power plants and reduce the use of certain fossil fuels to affect climate change.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT PROGENITY

San Diego-based Progenity, a biotechnology company specializating in the developiment and commercialization of molecular testing products, has announced that it will implement a reduction in force that will impact 374 Progenity and Avero, a Progenity affiliate.

The company will close its genetic testing lab in Ann Arbor, Michigan. The closure will impact 110 employees with layoffs commencing on August 6, 2021.

It is unknown how much the layoff decision was driven by the July 2020, $49 million settlement with the U.S. government for allegations of fraudulently billing federal healthcare programs for prenatal tests and providing kickbacks to physicians.

Accordingto a company spokesperson, the company is executing a "transformation strategy that will focus the company primarily on its robust R&D pipeline and better position the business for future growth. To achieve this vision, simplify its business model, and unlock shareholder value, the company will seek to reallocate resources to R&D and materially reduce operating expenditures by approximately 70%."

“It is especially difficult to say goodbye to valued team members. We are grateful for their dedication and support over these past years. We also appreciate the healthcare providers, patients and other stakeholders that have placed trust in us at critical life moments for more than a decade.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT CANCER TREATMENT CENTERS OF AMERICA

Boca Raton, Florida-based Cancer Treatment Centers of America, a national, for-profit cancer treatment network, has announced the closure of two of its major hospitals located in Philadelphia, Pennsylvania, and Tulsa, Oklahoma commencing on June 1, 2021.

The Philadelphia hospital will be sold to Temple University Health System in an asset purchase agreement. The sale will impact 365 employees as the facility is closed, reconfigured by Temple, and re-opened as a non-profit Temple facility.

The company also announced the closure of the company's hospital located in Tulsa, Oklahoma, on June 1, 2021, with 400 layoffs. A company spokesperson noted, "CTCA has been working tirelessly to overcome significant patient access and insurance limitations that inexplicably restrict patient care options and prevent patient choice in this market. Our top priorities during this transition will be to provide a seamless transition of our patients’ care and ensure our 400 employees are provided with resources and support as they navigate this difficult time as well.”

Other layoffs include 81 employees located in Zion, Illinois.

Boca Raton, Florida

According to a company spokesperson, "Like the vast majority of U.S. healthcare providers, Cancer Treatment Centers of America has found it necessary to make certain organizational and staffing changes to align with the reality of the emerging healthcare economy."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?